Kuala Lumpur, May 6 –Bursa Malaysia closed broadly lower on Friday tracked the losses of Wall Street as well as that of the major markets in the Asia Pacific region. Market breadth remained negative with losers outpaced gainers, amidst low trading volume. The bell-weathered index slumped another 1% today, hit the lowest point in one-month period. While the Asia-Pacific stocks bathed in red at the closing today, Japan’s stock market was the only one which bucked the overall trend today, after returning from holidays. Headlines from the global rating agency Fitch suggesting that monetary tightening poses medium-term risks to Japan’s debt dynamics seem to have favored the Japanese equity markets of late.
** the FTSE BM KLCI dipped 18.64 points or -1.18% at 1,564.34 .
** The FTSE BM KLCI opened at 1,574.15 . The index fluctuated between 1,563.93 – 1,578.54.
** 274 counters are gainers, 367 counters are unchanged, while 768 counters are losers.
** Total volume of 3,108,988,900 shares changed hands; while Turnover of RM2,438,086,670 .
** The Top 5 Gainers : NESTLE (131.80, +0.60) ; FAVCO (3.17, +0.59) ; HSI-HA6 (1.08, +0.405) ; NDX-H1 (1.13, +0.310) ; SP500-H13 (2.30, +0.28)
** The Top 5 Losers : FANG-2XL (8.04, -0.96) ; KLK (28.00, -0.90) ; MPI (30.08, -0.74) ; BKAWAN (28.26, -0.74) ; DIN045801028 (102.30, -0.70)
** The Top 5 Most Active Stocks : XOX (0.015, -0.005) ; AT (0.015, UNCHANGED) ; TECHNAX (0.120, UNCHANGED) ; PUC (0.06, UNCHANGED) ; MTRONIC (0.015, -0.005)
** Singapore’s Straits Times Index (STI) shed 48.11 points or -1.44% to 3,295.46; Hong Kong’s HSI bled 791.44 points or -3.81% at 20,001.96; Japan’s Nikkei 225 rose 185.03 points or +0.69% at 27,003.56; Korea’s KOSPI down 33.06 points or -1.23% to 2,644.51; Shanghai’s SSE Index shed 66.20 points or -2.16% at 3,001.56; Australia’s All Ordinaries dropped 171.60 points or -2.25% to 7,467.60.
